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Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

William Lamb: Lucara now knows best routes to market large stones

Lucara Diamond recently announced that Graff Diamonds had bought its 1,109 carat diamond Lesedi La Rona for $53 million. The stone, which is the world’s second largest diamond found since the discovery of the 3,106-carat Cullinan diamond in 1905, failed...

09 october 2017

GSI was the first in the world to begin testing of smaller size diamonds in bulk and has never looked back since - Mark Gershburg

With more than 30 years of experience in the gem lab sector under his belt, Mark Gershburg is an industry veteran widely popular in the global gem and jewelry industry. He began his career in 1980 as a grader but his professionalism, creativity, and...

02 october 2017

Gaetano Cavalieri: Over the long term, demand for diamonds is likely to grow at a steady pace

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

25 september 2017

“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Okavango Diamond to conduct another auction next month

21 april 2017
Botswana Government’s wholly-owned Okavango Diamond Company (ODC) is set to conduct yet another rough diamond auction mid-next month with viewing of lots slated from 3 to 12 May.
Its last auction was held in March when it provided 294,553.06 carats for spot auction and 97,577.75 carats for term supply.
Spot supply refers to the number of similar lots offered in the auction while term supply refers to the number of corresponding sale lots supplied through term contracts.
ODC conducts an online auction following customer viewings of the sales lots at their offices in Gaborone.
With access to 15 percent of Debswana's run-of-mine production, ODC was said to be an “important” supplier to the market with sales in the region of $500 million per annum.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

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